The Tortoise Cloud Infrastructure Fund uses a passive management approach and seeks to track the total return performance of the Tortoise Global Cloud Infrastructure Index℠.

Fund Stats as of 8/23/2019:

View All Stats Slider View

Market Price

$25.39

NAV

$25.52

NAV Change

$-0.62

Premium/Discount

-0.51%

Market Price Change Dollars

$-0.76

Listing Exchange

Cboe BZX

CUSIP

56167N555

Inception Date

1/31/2019

Total Market Value

$3,808,500

Shares Outstanding

150000.000

Management Fee

0.40%

Total Expenses

0.40%

We believe digital infrastructure is important to the functioning of the economy. The Tortoise Cloud Infrastructure Fund uses a passive management approach and seeks to track the total return performance of the Tortoise Global Cloud Infrastructure Index℠.

TCLD key benefits

  • The fund invests in companies that have the potential to benefit from the expected growing investments, rapid adoption and fast paced innovation of the cloud industry
    • Access to companies that provide and support cloud-based infrastructure
    • Exposure to companies that provide cloud services, cloud management software, data centers and cloud security
  • Direct exposure to companies that should benefit from the growth of the cloud
    • Users of the cloud are not included; their businesses and risks don’t align with the cloud industry
  • Market cap and liquidity filters provide a comparatively high level of liquidity

Potential Advantages for Investors

  • One 1099, no K-1s
  • No unrelated business taxable income (UBTI)
  • No leverage
  • Continuous liquidity

Fund Details

As of 8/23/2019

Total Net Assets

$3,827,532.68

Investment objective

Total Return

Fiscal Year End

November 30

Structure

Regulated Investment Company (RIC)

Daily Fund Holdings*

45 total, 8/26/2019

Security Name Stock Ticker Weight
EQUINIX INC EQIX 5.08%
Cash & Other Cash&Other 5.02%
ALPHABET INC GOOGL 4.97%
ALIBABA GROUP HLDG LTD BABA 4.81%
SPLUNK INC SPLK 4.77%
MICROSOFT CORP MSFT 4.74%
DIGITAL RLTY TR INC DLR 4.72%
ORACLE CORP ORCL 4.50%
INTERNATIONAL BUSINESS MACHS COM IBM 4.49%
AMAZON COM INC AMZN 4.39%
HEWLETT PACKARD ENTERPRISE CO COM HPE 4.22%
CISCO SYS INC CSCO 3.90%
AKAMAI TECHNOLOGIES INC AKAM 3.75%
OKTA INC OKTA 3.68%
CHECK POINT SOFTWARE TECH LTD ORD CHKP 3.54%
CITRIX SYS INC CTXS 3.16%
FORTINET INC FTNT 3.13%
NETAPP INC NTAP 3.07%
VMWARE INC VMW 2.72%
CYRUSONE INC CONE 2.17%
JUNIPER NETWORKS INC JNPR 2.16%
F5 NETWORKS INC FFIV 2.01%
ATOS SE ATO FP 1.98%
INTERXION HOLDING N.V INXN 1.53%
CORESITE RLTY CORP COR 1.13%
ZSCALER INC ZS 1.07%
J2 GLOBAL INC JCOM 1.04%
TERADATA CORP DEL TDC 0.95%
DROPBOX INC DBX 0.95%
NUTANIX INC NTNX 0.79%
QUALYS INC QLYS 0.74%
QTS RLTY TR INC QTS 0.71%
ELASTIC N V ESTC 0.66%
BOX INC BOX 0.53%
COMMVAULT SYSTEMS INC CVLT 0.48%
NETSCOUT SYS INC NTCT 0.41%
YEXT INC YEXT 0.40%
PIVOTAL SOFTWARE INC PVTL 0.32%
CARBON BLACK INC CBLK 0.32%
RADWARE LTD RDWR 0.28%
SOLARWINDS CORP SWI 0.25%
MOBILEIRON INC MOBL 0.16%
CARBONITE INC CARB 0.11%
A10 NETWORKS INC ATEN 0.11%
FASTLY INC FSLY 0.08%
Weight Total 100%

*Fund holdings are not a recommendation to buy or sell a security.

All weights calculated using U.S. dollars based on the latest closing exchange rate.

Total Return

Time Period:

Past performance is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized. NAV prices are used to calculate market price performance prior to the date when the fund first traded on the Cboe BZX Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times. For the fund’s most recent month end performance, please call (844) TR-INDEX or (844) 874-6339.

As stated in the Prospectus, the total annual operating expenses are 0.40%. The advisor has agreed to pay all expenses incurred by the fund except for the advisory fee, interest, taxes, brokerage expenses and other fees, charges, taxes, levies or expenses (such as stamp taxes) incurred in connection with the execution of portfolio transactions or in connection with creation and redemption transactions.

Index returns are for illustrative purposes only. Unlike the fund return, index return is pre-expenses and taxes. Index performance returns do not reflect any management fees, transaction costs or expenses.

Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.

Price/NAV - Indexed Price Returns

(as of 8/23/2019)

Date NAV NAV Change Dollars Market Price Market Price Change Dollars Premium/Discount
8/23/2019 $25.52 $-0.62 $25.39 $-0.76 -0.51%
8/22/2019 $26.14 $-0.16 $26.15 $-0.17 0.03%
8/21/2019 $26.30 $0.30 $26.32 $0.38 0.07%
8/20/2019 $26.00 $-0.20 $25.93 $-0.19 -0.24%
8/19/2019 $26.20 $0.20 $26.13 $0.21 -0.26%
8/16/2019 $26.00 $0.40 $25.91 $0.26 -0.32%
8/15/2019 $25.59 $-0.05 $25.65 $-0.02 0.24%
8/14/2019 $25.64 $-0.80 $25.67 $-0.76 0.13%
8/13/2019 $26.44 $0.32 $26.44 $0.30 -0.01%
8/12/2019 $26.12 $-0.29 $26.14 $-0.28 0.07%
8/09/2019 $26.41 $-0.24 $26.42 $-0.23 0.05%
8/08/2019 $26.65 $0.60 $26.65 $0.57 0.03%
8/07/2019 $26.04 $0.06 $26.09 $0.08 0.17%
8/06/2019 $25.98 $0.27 $26.00 $0.27 0.07%
8/05/2019 $25.71 $-0.85 $25.74 $-0.93 0.10%
8/02/2019 $26.56 $-0.67 $26.67 $-1.13 0.41%
8/01/2019 $27.23 $0.00 $27.80 $0.20 2.11%
7/31/2019 $27.23 $-0.22 $27.60 $0.03 1.38%
7/30/2019 $27.45 $-0.07 $27.58 $-0.08 0.45%
7/29/2019 $27.52 $-0.22 $27.66 $-0.20 0.50%
7/26/2019 $27.74 $0.24 $27.86 $0.32 0.42%
7/25/2019 $27.50 $-0.38 $27.54 $-0.41 0.13%
7/24/2019 $27.88 $0.09 $27.95 $0.14 0.23%
7/23/2019 $27.79 $0.08 $27.80 $0.04 0.06%
7/22/2019 $27.71 $0.01 $27.76 $-0.04 0.18%
7/19/2019 $27.70 $-0.09 $27.80 $-0.01 0.36%
7/18/2019 $27.79 $0.09 $27.81 $0.01 0.05%
7/17/2019 $27.70 $-0.02 $27.80 $0.03 0.35%
7/16/2019 $27.72 $-0.21 $27.77 $-0.17 0.17%
7/15/2019 $27.92 $0.11 $27.94 $0.09 0.06%
7/12/2019 $27.82 $0.12 $27.85 $-0.28 0.13%
7/11/2019 $27.70 $0.08 $28.14 $0.37 1.59%
7/10/2019 $27.61 $0.13 $27.76 $0.26 0.54%
7/09/2019 $27.48 $0.13 $27.50 $0.13 0.08%
7/08/2019 $27.34 $-0.20 $27.37 $-0.09 0.07%
7/05/2019 $27.54 $0.02 $27.45 $-0.32 -0.33%
7/03/2019 $27.52 $0.22 $27.77 $0.38 0.91%
7/02/2019 $27.30 $0.20 $27.39 $0.20 0.34%
7/01/2019 $27.10 $0.23 $27.19 $0.24 0.33%
6/28/2019 $26.87 $0.07 $26.95 $0.10 0.29%
6/27/2019 $26.81 $0.22 $26.85 $-0.04 0.16%
6/26/2019 $26.59 $0.02 $26.89 $0.22 1.12%
6/25/2019 $26.57 $-0.45 $26.67 $-0.44 0.38%
6/24/2019 $27.02 $-0.07 $27.12 $0.02 0.35%
6/21/2019 $27.09 $-0.16 $27.10 $-0.19 0.03%
6/20/2019 $27.25 $0.31 $27.29 $0.32 0.16%
6/19/2019 $26.94 $0.25 $26.97 $0.23 0.12%
6/18/2019 $26.69 $0.23 $26.74 $0.21 0.19%
6/17/2019 $26.46 $0.06 $26.53 $0.02 0.29%
6/14/2019 $26.39 $-0.26 $26.52 $-0.10 0.47%
6/13/2019 $26.65 $0.14 $26.62 $0.05 -0.11%
6/12/2019 $26.51 $-0.04 $26.57 $-0.11 0.22%
6/11/2019 $26.55 $0.05 $26.68 $0.03 0.48%
6/10/2019 $26.50 $0.36 $26.64 $0.41 0.54%
6/07/2019 $26.14 $0.32 $26.23 $0.35 0.36%
6/06/2019 $25.82 $0.06 $25.88 $0.00 0.24%
6/05/2019 $25.76 $0.19 $25.88 $0.26 0.47%
6/04/2019 $25.57 $0.49 $25.62 $0.37 0.22%
6/03/2019 $25.08 $-0.43 $25.26 $-0.37 0.70%
5/31/2019 $25.51 $-0.50 $25.62 $-0.60 0.42%
5/30/2019 $26.01 $0.03 $26.22 $-0.01 0.78%
5/29/2019 $25.98 $-0.27 $26.23 $-0.23 0.94%
5/28/2019 $26.25 $-0.17 $26.46 $-0.20 0.80%
5/24/2019 $26.42 $-0.05 $26.66 $-0.05 0.90%
5/23/2019 $26.47 $-0.63 $26.71 $-0.94 0.91%
5/22/2019 $27.10 $-0.09 $27.65 $0.37 2.02%
5/21/2019 $27.19 $0.34 $27.28 $0.23 0.31%
5/20/2019 $26.85 $-0.35 $27.05 $-0.36 0.73%
5/17/2019 $27.20 $-0.21 $27.40 $-0.12 0.74%
5/16/2019 $27.41 $0.44 $27.53 $0.38 0.43%
5/15/2019 $26.96 $0.31 $27.15 $0.46 0.69%
5/14/2019 $26.65 $0.39 $26.68 $0.41 0.12%
5/13/2019 $26.26 $-0.84 $26.27 $-0.81 0.05%
5/10/2019 $27.10 $0.09 $27.08 $-0.04 -0.08%
5/09/2019 $27.01 $-0.09 $27.11 $-0.08 0.40%
5/08/2019 $27.10 $0.05 $27.19 $0.05 0.35%
5/07/2019 $27.05 $-0.59 $27.14 $-0.53 0.34%
5/06/2019 $27.63 $-0.14 $27.67 $-0.03 0.13%
5/03/2019 $27.77 $0.22 $27.70 $0.11 -0.25%
5/02/2019 $27.56 $-0.04 $27.59 $-0.07 0.14%
5/01/2019 $27.59 $-0.23 $27.67 $-0.19 0.28%
4/30/2019 $27.82 $-0.07 $27.86 $-0.11 0.15%
4/29/2019 $27.89 $0.06 $27.97 $0.11 0.30%
4/26/2019 $27.83 $0.00 $27.86 $-0.05 0.09%
4/25/2019 $27.83 $0.06 $27.91 $0.05 0.29%
4/24/2019 $27.77 $-0.05 $27.87 $-0.02 0.33%
4/23/2019 $27.82 $0.25 $27.88 $0.26 0.22%
4/22/2019 $27.57 $0.09 $27.62 $0.06 0.20%
4/18/2019 $27.48 $-0.07 $27.56 $-0.08 0.30%
4/17/2019 $27.55 $-0.18 $27.64 $-0.09 0.32%
4/16/2019 $27.73 $-0.06 $27.73 $-0.08 -0.02%
4/15/2019 $27.79 $0.00 $27.80 $-0.09 0.04%
4/12/2019 $27.79 $0.25 $27.89 $0.32 0.37%
4/11/2019 $27.54 $0.10 $27.57 $0.06 0.10%
4/10/2019 $27.44 $0.29 $27.50 $0.30 0.22%
4/09/2019 $27.15 $-0.06 $27.20 $-0.13 0.19%
4/08/2019 $27.21 $0.06 $27.33 $0.04 0.44%
4/05/2019 $27.14 $0.20 $27.29 $0.26 0.55%
4/04/2019 $26.94 $-0.25 $27.03 $-0.22 0.30%
4/03/2019 $27.19 $0.16 $27.25 $0.15 0.20%
4/02/2019 $27.03 $0.09 $27.10 $0.10 0.24%
4/01/2019 $26.95 $0.34 $27.00 $0.30 0.21%
3/29/2019 $26.61 $0.30 $26.70 $0.32 0.35%
3/28/2019 $26.30 $0.11 $26.38 $0.10 0.30%
3/27/2019 $26.20 $-0.28 $26.29 $-0.16 0.35%
3/26/2019 $26.48 $0.18 $26.45 $0.13 -0.12%
3/25/2019 $26.30 $-0.12 $26.31 $-0.22 0.04%
3/22/2019 $26.42 $-0.70 $26.53 $-0.61 0.41%
3/21/2019 $27.12 $0.44 $27.14 $0.31 0.08%
3/20/2019 $26.68 $0.04 $26.83 $0.18 0.55%
3/19/2019 $26.64 $0.06 $26.65 $-0.02 0.04%
3/18/2019 $26.58 $0.10 $26.67 $0.15 0.33%
3/15/2019 $26.48 $0.16 $26.52 $0.22 0.15%
3/14/2019 $26.32 $0.12 $26.30 $-0.01 -0.10%
3/13/2019 $26.21 $0.12 $26.31 $0.23 0.39%
3/12/2019 $26.09 $0.03 $26.08 $0.04 -0.02%
3/11/2019 $26.06 $0.53 $26.05 $0.54 -0.05%
3/08/2019 $25.53 $-0.11 $25.51 $-0.14 -0.09%
3/07/2019 $25.63 $-0.15 $25.65 $-0.15 0.05%
3/06/2019 $25.79 $-0.20 $25.80 $-0.22 0.04%
3/05/2019 $25.98 $-0.09 $26.02 $0.07 0.14%
3/04/2019 $26.08 $-0.31 $25.95 $-0.56 -0.47%
3/01/2019 $26.39 $0.11 $26.52 $0.15 0.49%
2/28/2019 $26.27 $-0.25 $26.37 $-0.22 0.36%
2/27/2019 $26.53 $0.06 $26.59 $0.04 0.25%
2/26/2019 $26.47 $0.04 $26.55 $0.04 0.32%
2/25/2019 $26.43 $0.08 $26.51 $0.11 0.30%
2/22/2019 $26.35 $0.27 $26.39 $0.27 0.18%
2/21/2019 $26.08 $-0.06 $26.13 $-0.06 0.18%
2/20/2019 $26.14 $-0.05 $26.19 $-0.06 0.17%
2/19/2019 $26.19 $0.16 $26.24 $0.22 0.19%
2/15/2019 $26.04 $0.13 $26.02 $0.10 -0.06%
2/14/2019 $25.91 $0.16 $25.92 0.04%
2/13/2019 $25.75 $0.01 $25.82 0.27%
2/12/2019 $25.74 $0.32 $25.78 0.16%
2/11/2019 $25.42 $0.06 $25.47 0.20%
2/08/2019 $25.36 $0.19 $25.38 0.08%
2/07/2019 $25.17 $-0.28 $25.03 -0.56%
2/06/2019 $25.45 $-0.10 $25.51 0.24%
2/05/2019 $25.55 $0.25 $25.59 0.16%
2/04/2019 $25.30 $0.25 $25.26 -0.16%
2/01/2019 $25.05 $0.05 $25.01 -0.16%
1/31/2019 $25.00 $0.00 $25.00 0.00%
  1. The fund commenced operations on 1/31/2019.

Source: Bloomberg for TCLOUDT

The Tortoise Global Cloud Infrastructure Index℠ represents the existing global cloud infrastructure landscape. It is a proprietary, rules-based, modified market capitalization-weighted, float-adjusted index comprised of companies that are materially engaged in the cloud infrastructure industry, including cloud systems/services, cloud consulting software/services, cloud security, cloud hardware and cloud data centers. The Tortoise Global Cloud Infrastructure Index℠ (the “Index”) is the exclusive property of Tortoise Index Solutions, LLC. The Index is calculated by Solactive AG (“Solactive”). The financial instruments that are based on the Index are not sponsored, endorsed, promoted or sold by Solactive in any way, and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or completeness of the Index or the calculations thereof; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Index. No portion of this publication may be reproduced in any format or by any means including electronically or mechanically, by photocopying, or by any other form or manner whatsoever, without the prior written consent of Tortoise Index Solutions, LLC. It is not possible to invest directly in an index.

Tortoise Global Cloud Infrastructure Index℠

Sector Allocations

As of most recent rebalance date (6/21/2019)

Top 10 Constituents

As of most recent rebalance date (6/21/2019)
Name TCLOUD Index Weight
Microsoft Corporation
5.3%
Equinix, Inc.
5.2%
Amazon.com, Inc.
4.9%
Cisco Systems, Inc.
4.8%
Digital Realty Trust, Inc.
4.7%
Name TCLOUD Index Weight
Oracle Corporation
4.6%
Red Hat, Inc.
4.5%
International Business Machines Corporation
4.4%
Splunk Inc.
4.4%
Alphabet Inc. - Class A
4.2%

Distribution History

Ticker Declare Ex-Date Record Date Payment Date Amount
TCLD 12/27/2019 12/30/2019 12/31/2019 1/2/2020 TBD
2019 Total: $0.00